ALL >> General >> View Article
Increasing Funding Driving Blockchain Technology In Healthcare Market
One of the key factors fuelling the rise in the demand for the blockchain technology in healthcare is the increasing implementation of stringent regulations by various governments across the world for safeguarding and protecting consumer information against data breach and theft. For instance, the European Union (EU) launched a data protection rule, known as the General Data Protection Regulation (GDPR), in May 2018, which aims to protect EU citizens from data and privacy breaches. Moreover, the numerous advantages offered by the technology, such as enhanced data integrity, security, and trust, make it highly sought-after in the healthcare industry.
Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/blockchain-in-healthcare-market/report-sample
The other important factors responsible for the surging implementation of blockchain in healthcare settings are the mushrooming investments and funding as well as the increasing implementation of this technology in the pharmaceutical supply chain. Powered by these factors, the global blockchain technology in healthcare market is expected ...
... to advance at a CAGR of more than 67.1% during the forecast period (2018–2023), to reach $890.5 million by 2023, from $44.6 million in 2017. A blockchain is essentially an increasing directory of records (blocks), which are connected together by cryptography.
Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=blockchain-in-healthcare-market
The biggest rage currently being witnessed in the blockchain technology in healthcare market is the rising number of collaborations and partnerships between the companies interested in incorporating the technology and the providers of the said technology. For instance, a major Estonian blockchain provider, Guardtime AS, announced a deal with NMC Health, which is a U.A.E.-based private healthcare company, in January 2018, in order to introduce the technology to the healthcare fraternity and pharma firms the Middle Eastern nation.
Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.
Add Comment
General Articles
1. Blockchain And Ai: Innovative Ways They Can Work Together ShapeAuthor: QSS Technosoft
2. Join The Vidyavision Student Community
Author: vidyavision
3. Hair Growth 101: Scandinavian Biolabs’ Guide To Healthier, Fuller Hair
Author: Jonson Jon
4. The Ultimate Guide To Ordering Flowers In Barcelona
Author: order flowers Barcelona
5. Máy Hút ẩm Công Nghiệp Kosmen
Author: BPS Việt Nam
6. How Beneficial The Cleaning Products Can Be?
Author: Edward Smith
7. The Role Of Glass Cloth Electrical Tape In Power Transformers
Author: jarod
8. Combatting Carotid Artery Stenosis: Effective Strategies For Prevention And Care
Author: Dr. Sumit Kapadia
9. How Managed It Services Are Shaping The Future Of Support
Author: ICSI
10. Leading System Aluminium Doors & Windows Manufacturer In Amritsar
Author: Sleek Edge
11. Exploring The Opportunities At Anantrao Pawar College Of Engineering
Author: AnantraoPawarCollege
12. Home Remodeling Contractors Around South Lyon
Author: manish
13. Blockdag Crypto Mining Rigs
Author: BlockDAG
14. Discover The Power Of Branding Courses: Boost Your Skills And Advance Your Career
Author: Andrew F.
15. Panorama Test: A Complete Guide To Non-invasive Prenatal Screening
Author: Stan Jan